iamberryrich

short opportunity

Short
iamberryrich Updated   
CAPITALCOM:GBPCAD   British Pound / Canadian Dollar
so from this analysis we see here the yellow lines are 4hr resistance and support. what this together with the rsi of 1hr 4hr and 30min and the fibonnaci retracement helped me do is predict the trend of the chart. so most probably whats gonna happen here is we will see a bit bullish trend to the upside and then and bearish when it reaches the pink zone. it might also just go down from here with out respecting the fib retracement.Whats your thoughts on this fam.
Comment:
so we can get a some pips out of this but i would focus more on the bearish movement.
Trade closed: target reached
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